Tag - Consumer sentiment rebounds in March

Consumer sentiment rebounds in March

Korean consumers’ sentiment improved in March, ending a three-month spell of deterioration, central bank data showed Tuesday. The Bank of Korea’s composite consumer sentiment index ticked up to 100 for March, from February’s 98, which was the lowest level in eight months. The index had moved from 105 in November to 102 in December and 100 in January. A reading above 100 means optimists outnumber pessimists, while a reading below the benchmark means the opposite. “The stabilizing mood in global and local [...]